City of Crossville - File #: 15-0446

• File #: 15-0446
• Version: 1
• Name: $2M loan approval
• Type: Report
• Status: Filed
• File created: 10/14/2015
• In control: City Council
• On agenda: 11/12/2015
• Final action: 11/12/2015
• Title: Acknowledgement of Comptroller's Approval of $2,000,000 loan agreement
• Sponsors: City Clerk, Finance Department

Date	Ver.	Action By	Action	Result
11/12/2015	1	City Council	presented	Pass
11/3/2015	1	Work Session	received and filed

Title

Acknowledgement of Comptroller’s Approval of $2,000,000 loan agreement

Body

SUMMARY:

A letter has been received from the Comptroller’s Office approving the $2,000,000 loan agreement for the financing of street and road improvements including paving, and park and recreational facilities improvements and upgrades.

BUDGET ACCOUNT:

Recommended Action

NECESSARY COUNCIL ACTION:  Acknowledge receipt of approval letter.